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Today: April 03, 2025
Today: April 03, 2025
Howard Schneider

Howard Schneider

Staff Writer

Latest From Howard Schneider

Business|Economy|Finance|US

Fed's Powell: Strong economy may still require rate increases

The U.S. economy's strength and continued tight labor markets could warrant further Federal Reserve interest rate increases, Fed Chair Jerome Powell said on Thursday in

Fed's Powell: Strong economy may still require rate increases
Economy|Finance|News|US

Housing remains a puzzle in Fed's inflation fight

Federal Reserve officials throughout this year had pinned their hopes for falling inflation in part on an expected easing of U.S. housing price increases

Housing remains a puzzle in Fed's inflation fight
US

Fed's Powell: Economy still working through the impact of the pandemic

By Howard Schneider YORK, Pa.

Fed's Powell: Economy still working through the impact of the pandemic
US

Fed's Goolsbee sees risk of 'error in view that low inflation needs high unemployment

The U.S.

Fed's Goolsbee sees risk of 'error in view that low inflation needs high unemployment
Economy|News|US

Fed officials at last meeting saw price pressures in decline, minutes show

Federal Reserve officials at their last meeting acknowledged the U.S. economy appeared to be slowing and that "price pressures were diminishing," but still

Fed officials at last meeting saw price pressures in decline, minutes show
Economy|News|US

US inflation easing, job market similar to pre-pandemic conditions, Fed report says

Inflation is easing and the job market has returned to the "tight but not overheated" situation seen before the COVID-19 pandemic threw the U.S. economy into disarray,

US inflation easing, job market similar to pre-pandemic conditions, Fed report says
Business|Economy|News|US

US economy no longer overheated, Fed's Powell tells Congress

The U.S. is "no longer an overheated economy" with a job market that has cooled from its pandemic-era extremes and in many ways is back where

US economy no longer overheated, Fed's Powell tells Congress
Business|Economy|News|US

Powell says Fed will cut rates when ready, regardless of political calendar

Federal Reserve Chair Jerome Powell said on Wednesday the U.S. central bank will make interest rate decisions "when and as" they are needed, pushing back on a

Powell says Fed will cut rates when ready, regardless of political calendar
Economy|Finance|News|US

Fed's Cook: US data consistent with a soft landing

U.S. inflation should continue to fall without a significant further rise in the unemployment rate, Federal Reserve Governor Lisa Cook said on Wednesday.

Fed's Cook: US data consistent with a soft landing
Economy|Finance|US

June price drop may shorten the Fed's last mile on inflation

The "last mile" of the Federal Reserve's battle against inflation may have shortened to a last lap after U.S. consumer prices unexpectedly fell in

June price drop may shorten the Fed's last mile on inflation
Business|Economy|Finance|US

Powell opens key week of Fedspeak as rate cut case develops

Federal Reserve Chair Jerome Powell on Monday kicks off what is shaping up as a key week of commentary from U.S. central bank officials taking stock of

Powell opens key week of Fedspeak as rate cut case develops
Economy|News|US

What Republicans won't say and Democrats don't like to discuss about US inflation

If the deep split in U.S. politics makes characterizations of economic data a dependable tell about party affiliation, the coming Republican and Democratic

What Republicans won't say and Democrats don't like to discuss about US inflation
Economy|Finance|News|US

Fed's Powell: Latest data 'add somewhat to confidence' inflation is returning to 2%

Federal Reserve Chair Jerome Powell said on Monday the three U.S. inflation readings over the second quarter of this year "add somewhat to confidence" that

Fed's Powell: Latest data 'add somewhat to confidence' inflation is returning to 2%
Business|Economy|Finance|US

Powell says he will stay at Fed through end of term as chair

Federal Reserve Chair Jerome Powell on Monday said he has no plans to leave his post as head of the U.S. central bank before his term expires, pouring cold

Powell says he will stay at Fed through end of term as chair
Economy|Finance|News|US

Fed's Kugler cautiously optimistic inflation headed to 2% target

Federal Reserve Governor Adriana Kugler on Tuesday expressed cautious optimism that inflation is returning to the U.S. central bank's 2% target, with goods,

Fed's Kugler cautiously optimistic inflation headed to 2% target
US

Top Fed officials say they are 'closer' to cutting interest rates

By Howard Schneider and Michael S.

Top Fed officials say they are 'closer' to cutting interest rates
Business|Economy|Finance|US

Fed faces wave of data before deciding on end-of-summer rate cut

Investors have locked onto the U.S. central bank's Sept. 17-18 meeting for the start of interest rate cuts that Federal Reserve Chair Jerome Powell has said

Fed faces wave of data before deciding on end-of-summer rate cut
Business|Economy|Finance|News|US

Fed may be on cusp of emerging from 'elevated' inflation blues

In September 2021, after absorbing three months of price hikes that were more than double the Federal Reserve's 2% target, U.S. central bank staff and

Fed may be on cusp of emerging from 'elevated' inflation blues
News|US

Impact of Biden's economic agenda may be felt long after his presidency

U.S.

Impact of Biden's economic agenda may be felt long after his presidency
Business|Economy|Finance|US

The Fed nears its 2% solution after a punishing bout of rising prices

Inflation is nearing the Federal Reserve's 2% target, and the central bank is expected to begin cutting interest rates as soon as September.

The Fed nears its 2% solution after a punishing bout of rising prices
Business|Economy|Finance|News|US

Fed likely to hold rates steady one last time as inflation fight finale unfolds

The Federal Reserve is expected to hold interest rates steady at a two-day policy meeting this week but open the door to interest rate cuts as soon as

Fed likely to hold rates steady one last time as inflation fight finale unfolds
Business|Economy|Finance|News|US

Fed's Powell puts September rate cut on table as US inflation cools

Federal Reserve Chair Jerome Powell said on Wednesday interest rates could be cut as soon as September if the U.S. economy follows its expected

Fed's Powell puts September rate cut on table as US inflation cools
Business|Economy|Finance|News|US

Central banks are turning the ship, but their path is unclear

Decisions by major central banks this week brought the end of pandemic-era monetary policy into closer view, but also highlighted

Central banks are turning the ship, but their path is unclear
Business|Economy|Finance|US

Fed's pandemic-era vow to prioritize employment may soon be tested

Four years after Federal Reserve Chair Jerome Powell made fighting unemployment a bigger priority during the COVID-19 pandemic, he faces a pivotal test of

Fed's pandemic-era vow to prioritize employment may soon be tested
Business|Economy|Finance|News|US

Fed officials uneasy about job market as they get ready for Jackson Hole

Federal Reserve officials gathering at the annual central banking conference in Jackson Hole, Wyoming, this week can take some satisfaction that the U.S.

Fed officials uneasy about job market as they get ready for Jackson Hole

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